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Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 2,938 $ 2,853
Marketable securities - current 539 380
Accounts receivable - net 5,173 5,020
Inventories    
Finished goods 2,221 2,120
Work in process 1,333 1,292
Raw materials and supplies 984 954
Total inventories 4,538 4,366
Prepaids 713 741
Other current assets 473 349
Total current assets 14,374 13,709
Property, plant and equipment 25,124 24,873
Less: Accumulated depreciation (16,295) (16,135)
Property, plant and equipment - net 8,829 8,738
Operating lease right of use assets 797  
Goodwill 10,611 10,051
Intangible assets - net 3,047 2,657
Other assets 1,482 1,345
Total assets 39,140 36,500
Current liabilities    
Short-term borrowings and current portion of long-term debt 790 1,211
Accounts payable 2,309 2,266
Accrued payroll 517 749
Accrued income taxes 183 243
Operating lease liabilities — current 255  
Other current liabilities 3,071 2,775
Total current liabilities 7,125 7,244
Long-term debt 15,580 13,411
Pension and postretirement benefits 2,919 2,987
Operating lease liabilities 531  
Other liabilities 3,228 3,010
Total liabilities 29,383 26,652
Commitments and contingencies (Note 14)
3M Company shareholders' equity:    
Common stock par value, $.01 par value; 944,033,056 shares issued 9 9
Additional paid-in capital 5,755 5,643
Retained earnings 41,159 40,636
Treasury stock, at cost: 367,606,350 shares at March 31, 2019; 367,457,888 shares at December 31, 2018 (29,668) (29,626)
Accumulated other comprehensive income (loss) (7,552) (6,866)
Total 3M Company shareholders' equity 9,703 9,796
Noncontrolling interest 54 52
Total equity 9,757 9,848
Total liabilities and equity $ 39,140 $ 36,500